executor

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executor

Law a person appointed by a testator to carry out the wishes expressed in his will
References in periodicals archive ?
That leaves the creditor in a sort of limbo during the period from the debtor's bankruptcy filing until the debtor's decision to assume or reject an executory contract.
Thereby, it was not final and executory," she said.
Bankruptcy Code 365 provides for the assumption or rejection of executory contracts but does not set forth a definition as to what constitutes an executory contract.
Until such time that it is final and executory, then we would make a decision," Presidential spokesperson Edwin Lacierda said when asked if the forfeited Malacanang Collection is set for auction by the government.
When a licensee of intellectual property files for bankruptcy, the license is usually considered an executory contract.
Per Office of the Executive Secretary and the Senior Deputy Executive Secretary, the decision or order of the Ombudsman remains executory, notwithstanding any other decision of the Court of Appeals, which is not yet attained finality,' Abella said in a Palace briefing.
for the company to sell substantially all of its assets to Aurobindo and for Aurobindo to assume the company's unexpired lease for its premises located at 1 Able Drive, Cranbury, New Jersey and a limited number of its executory contracts.
However, Jin Hung failed to pay or protest the assessments, thus making the assessments final, executory and demandable.
Priority shall take over all of Pryor & Associates' ("P&A") clients and assume P&A's contracts, including executory contracts.
In actual fact, the dismissal is not immediately executory,' the CA's four-page resolution written by Associate Justice Japar Dimaampao stated.
Samaniego, where it was held that 'the appealable decisions of the Office of the Ombudsman are immediately executory pending appeal and may not be stayed by the filing of an appeal or the issuance of an injunctive writ.
The ABP said the Ombudsman's suspension of ERC commissioners should have been immediately executory.